Nic Group Limited
Registered name: NIC GROUP LIMITED
Nic Group Limited made £13.3m revenue and £152k profit in the year to 31 Mar 2025.
Nic Group Limited’s revenue grew 4% to £13.3m in the year to 31 Mar 2025, with £152k profit and 658 employees. The company is classified under “activities of head offices” and is based in Nottingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.7m | £12.7m | £13.3m |
| Cost of sales | £9.5m | £9.5m | £10m |
| Gross profit | £3.2m | £3.3m | £3.3m |
| Operating profit | £281k | £246k | £213k |
| Profit before tax | £281k | £247k | £213k |
| Profit after tax | £212k | £171k | £152k |
| Profit (best available) | £212k | £171k | £152k |
| Employees (average) | 686 | 694 | 658 |
| Ratios | |||
| Profit margin | 1.7% | 1.3% | 1.1% |
| Gross margin | 25.3% | 25.5% | 24.6% |
| Revenue per employee | £18.4k | £18.4k | £20.2k |
| Profit per employee | £309 | £247 | £231 |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.7% | ▲4.3% |
| Profit growth | — | ▼19.4% | ▼11.2% |
| Headcount growth | — | ▲1.2% | ▼5.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £239k | £229k | — |
| Net assets | £1.7m | £1.7m | — |
| Fixed assets | £1.4m | £1.4m | — |
| Current assets | £600k | £590k | — |
| Debtors | £0 | £0 | — |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 24.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £20.2k
- Revenue ÷ average employees.
- Profit per employee
- £231
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼5%
- Now 658
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (5)
- City Hygiene Services LimitedFigures not disclosed
- Drainscan LimitedFigures not disclosed
- M.S.M Hygiene LimitedFigures not disclosed
- Nottingham Industrial Cleaners LimitedFigures not disclosed
- Vacuum LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £152k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.